Mergers & Acquisition

Mergers & Acquisition

Langer, Inc. Closes Acquisition of Twincraft Inc.

February 6, 2007

NEW YORK, Jan. 23 /- Langer, Inc. (Nasdaq: GAIT, "Langer" or the "Company") today announced the closing of the acquisition of the outstanding stock of Twincraft Inc. ("Twincraft"), a leading private label manufacturer of specialty bar soap focused on the health and beauty, amenities, mass and direct marketing... Read More

Mergers & Acquisition

GDS Acquires Clearview Displays to Offer Enhanced Services

February 6, 2007

Global Display Solutions (GDS), market leader in the design and manufacture of industrial displays, has announced the acquisition of Clearview Displays LLC, providers of bonded display enhancement services. This acquisition will enable GDS to build on its existing range of display technology while offering superior... Read More

Mergers & Acquisition

Federal Trade Commission Clears Brocade Acquisition of McDATA

February 6, 2007

SAN JOSE, Calif. and BROOMFIELD, Colo., Jan. 23 -- Brocade Communications Systems, Inc. (NASDAQ:BRCD) and McDATA Corporation (NASDAQ:MCDTA/MCDT) today confirmed that the United States Federal Trade Commission (FTC) has closed its antitrust review of Brocade's pending acquisition of McDATA Corporation and that the... Read More

Mergers & Acquisition

Pro Mach's Brenton Engineering Division Expands Palletizing Product Line with Acquisition of Currie Machinery Company

February 6, 2007

CINCINNATI, OH - Pro Mach, Inc. announced today that its Brenton Engineering division has acquired the Currie Machinery Company, a leading provider of palletizing systems and material handling equipment. "We're pleased to add the Currie product line to Brenton's existing palletizing and material handling... Read More

Mergers & Acquisition

Bolzoni Conclude the 100% Meyer Acquisition

February 6, 2007

Piacenza, the 5th of October 2006 BOLZONI S.p.A. : the 100% acquisition of Meyer has been concluded, the second manufacturer in Germany for lift truck attachments and the fourth worldwide. Thanks to this operation Bolzoni increases its turnover by approximately 30% and considerably strengthens its leadership in... Read More

Mergers & Acquisition

Brooks Automation Announces Sale of Brooks Software Division to Applied Materials

February 5, 2007

CHELMSFORD, Mass., Nov. 6 -- Brooks Automation, Inc. ("Brooks") (Nasdaq: BRKS) today announced the signing of a definitive agreement under which Brooks will divest and sell its software division, Brooks Software, to Applied Materials, Inc. (Nasdaq: AMAT). Brooks Software is a leading provider of real-time... Read More

Mergers & Acquisition

Global Imaging Systems Acquires Astro Business Technologies, Inc.

February 5, 2007

California Firm Joins Lucas Business Systems to Form Global's 21st Core Company TAMPA, Fla., Jan. 31 /- Global Imaging Systems, Inc. (NASDAQ:GISX) announced today that it has acquired Livermore, CA-based Astro Business Technologies, Inc., which is being merged with the company's Lucas Business Systems to form... Read More

Mergers & Acquisition

Bosch Acquires FHP Manufacturing Company

February 5, 2007

Bosch acquires FHP Manufacturing Company; Acquisition of a U.S. manufacturer of water-source heat pumps; Boost for the promising renewable-energy field Takeover of FHP marks Bosch's entry into attractive U.S. market U.S. heat pump market shows high growth rates FHP generates sales of $51 million with workforce of... Read More

Mergers & Acquisition

Superior Essex Announces Agreement to Purchase Nexans' Magnet Wire Operations in Canada and China

February 5, 2007

Updates Outlook for Fourth Quarter 2006 Financial Results ATLANTA, Jan. 30 -- Superior Essex Inc. (NASDAQ:SPSX), one of the largest wire and cable manufacturers in the world, today announced that it has entered into definitive agreements to acquire Nexans' remaining magnet wire operations in China and Canada. The... Read More

Mergers & Acquisition

Patrick Industries Acquires Supplier of Industrial Hardwoods Products

February 5, 2007

Deal Expected to be Immediately Accretive to Earnings ELKHART, Ind., Jan. 31 -- Patrick Industries, Inc. (NASDAQ:PATK) today announced it has acquired the net assets and business of Phoenix-based American Hardwoods, Inc., a supplier of hardwood products to the industrial markets, for cash financed with borrowings... Read More

Mergers & Acquisition

Eaton Completes Purchase of Fine Filtration Business

February 5, 2007

Tue Sep 5, 2006-CLEVELAND ... Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has completed its purchase of the Ronningen-Petter industrial fine filtration business from Dover Resources, Inc. Terms were not disclosed. Dover Resources is a subsidiary of Dover Corporation... Read More

Mergers & Acquisition

ARRIS Releases Details of $1.2B Acquisition of TANDBERG Television

February 5, 2007

SUWANEE, Ga., Jan. 15 // -- ARRIS Group, Inc. (NASDAQ:ARRS) has agreed to launch a public tender offer for TANDBERG Television, one of the world's leading suppliers of digital video and IPTV hardware, software and services for 96 Norwegian Kroner per share, comprised of a mix of cash and newly issued ARRIS shares... Read More

Mergers & Acquisition

Baldor Electric Company Announces Completion of Acquisition

February 5, 2007

FORT SMITH, Ark., Jan. 31 -- Baldor Electric Company (NYSE:BEZ) markets, designs, and manufactures industrial electric motors, drives, and generators and is based in Fort Smith, Arkansas. Baldor announced today that it has completed the acquisition of Reliance Electric Company, including Dodge® mechanical and... Read More

Mergers & Acquisition

Johnson & Johnson Completes Acquisition of Conor Medsystems, Inc.

February 5, 2007

NEW BRUNSWICK, N.J., Feb. 1 -- Johnson & Johnson (NYSE:JNJ) today announced the closing of its previously announced acquisition of Conor Medsystems, Inc., a cardiovascular device company with a unique controlled drug delivery technology. "The completion of the acquisition of Conor Medsystems adds an important... Read More

Mergers & Acquisition

Caterpillar Remanufacturing Services Expands Product and Service Offering With Acquisition of Remy International Subsidiary Companies

February 5, 2007

Caterpillar's purchase of Franklin Power Products, Inc. and International Fuel Systems, Inc. will provide a strong platform for future remanufacturing growth opportunities. PEORIA, Ill., Jan. 31 -- Caterpillar Inc. (NYSE:CAT) and Remy International, Inc. announced today that Caterpillar Inc. is acquiring certain... Read More

Mergers & Acquisition

Air Products to Acquire Polish Industrial Gas Business from Linde

February 5, 2007

LEHIGH VALLEY, Pa. (January 8, 2007) - Air Products (NYSE:APD) today announced it has reached definitive agreement with The Linde Group to acquire the industrial gas business of BOC Gazy Sp z o.o. for 370 million euros ($481 million). The transaction is subject to regulatory approval and customary closing... Read More

Mergers & Acquisition

Air Products STB Becomes Wholly Owned Subsidiary of Air Products in Malaysia

February 5, 2007

LEHIGH VALLEY, Pa. (January 15, 2007) - Air Products (NYSE:APD) today announced that Air Products STB Sdn Bhd has become its wholly owned subsidiary in Malaysia. The company has completed the acquisition of the remaining 30% equity interest of Air Products STB from its joint venture partner Sitt Tatt Berhad (STB... Read More

Mergers & Acquisition

Eaton Acquires Assets from Catalytica Energy Systems Inc.

February 5, 2007

Thu Oct 26, 2006 - CLEVELAND ... Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has acquired the diesel fuel processing technology and associated business assets of Catalytica Energy Systems Inc. (NASDAQ:CESI) for $2.4 million. Under the terms of the Asset Purchase Agreement... Read More

Mergers & Acquisition

Eaton Completes Acquisition of Schréder-Hazemeyer SA

February 5, 2007

Fri Dec 1, 2006-CLEVELAND ... Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has acquired the remaining 50 percent ownership of Schréder-Hazemeyer (S-H) from Schréder SA for an undisclosed cash amount. Schréder-Hazemeyer is a manufacturer of low and medium voltage electrical... Read More

Mergers & Acquisition

Genlyte Group Announces Acquisition of Hanover Lantern Business

February 5, 2007

LOUISVILLE, Ky., Feb. 1 -- The Genlyte Group Incorporated (NASDAQ:GLYT) announced that it has reached an agreement to acquire Hanover Lantern, located in Hanover, Pennsylvania. Hanover Lantern is a privately held lighting fixture company servicing the outdoor commercial, decorative, municipal, and residential... Read More